This new special report offers a snapshot of the financial markets landscape at a time of flux and looks ahead to what financial services regulation may look like when the pieces have settled.
The Conservative Party have led proposals for major institutional reform of financial services regulation in the UK, including disbanding the FSA, as a response to the perceived failures of the regulatory system arising out of the banking crisis. However, if and when they get into power, the legal and regulatory landscape may have moved on.
In particular, the EC is currently moving ahead with major reform of the regulatory architecture that will fundamentally alter the way financial services markets are regulated in Member States (including the UK). A new supervisory regime and specific proposals for the regulation of hedge funds and derivatives will alter the way business is done and regulated in London.
These are just some of the issues considered by 'Special Report: Financial Services Law and Regulation' written by members of Outer Temple Chambers' specialist Financial Services Group. It is the only publication of its kind dealing at length with the range of issues arising from the financial crisis including domestic regulation, EC law, market abuse, financial crime, mis-selling of financial products and dispute resolution and litigation.